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are getting word from a wire service that apparently pope benedict the 16th is about to resign. if you go back a year ago when he turned 85, there was some speculation that he might call it quits because of his declining health. there has been no additional update on why the pope is going to resign, but nonetheless the story is out there. we've got reporters on it. and as soon as we know why, we will share that with you. >>gretchen: that will be huge news obviously, so we'll keep you posted. let's go to the other top story which is the extreme weather alert. now we're talking about down south. a massive tornado caught on camera ripping through the heart of has -- hattiesburg, mississippi. >> happening right outside my hotel. check this out. look at that. >>gretchen: the devastating twister leaving at least 4,200 people without power. >> dude, that's insane. >> oh my! >> it's about to hit sam's. >>gretchen: as the tornado traveled down the main street, it mangled homes, businesses and several buildings on the campus of the university of southern mississippi. >> i saw it right around, as it was
them as a group for the last time. at 8:00 this morning, pacific time, pope benedict xvi will get on a helicopter. he will fly to a retreat outside of rome. that's where he will officially resign later today. brian flow remembers joining us live at st. mary's cathedral in san francisco where a special mass will be held to thank benedict for his life of service. brian? >> reporter: hi, dave. yeah, a special mass indeed, good morning to you. several bay area catholics will be taking part in the thanksgiving masses this morning starting in about an hour here. we're live at st. mary's where one of the services will be held. it's unknown how many catholics will be attending. but the service is expected to give thanks to pope benedict's eight years as pope and pray for his help. the pope says he will offer unconditional reverence and obedience of his successor. cardinals are planning to meet next week to discuss a conclave to take place. there are many questions remaining on who the candidates are. for many catholics in the bay area, they have ideas who they would like to see as the nex
express surprise tonight after pope benedict 16th 's announcement he is stepping down -- benedict xvi's announcement that he is stepping down. >> reporter: the news came as a surprise to many people. catholics here tell us what they'd like to see a new leader bring to the church. pope benedict xvi made a stunning announcement this morning. the 85-year-old german born pope said fatigue is the reason he's stepping down. his papacy began in 2005. >> wow, this is big news. >> reporter: brother charles hilton teaches history at st. mary's college and says a sitting poem has not resigned in -- pope has not resigned in almost 600 years. >> what a beautiful gesture to say that his own strength is failing and rather than grasp power and hang onto it to the end he's going to let it go. >> reporter: during the nightly mass at st. mary's chapel the pope's announcement was on the minds of those attending services. some hope a new leader will allow the catholic church to reexamine its approach towards hot button issues such as abortion, same sex marriage and the role of women in the church. >> t
're with us. i'm jenna lee. pope benedict xvi citing his declining health for this decision. the vatican says there is nothing mysterious or grave they quote. but the pope benedict xvi brother told a german newspaper that the pope had difficulty walking. just one report but something to take into consideration here. the 85-year-old pontiff will resign at the end of this month after nearly eight years as pope. he was elected by his fellow cardinals in 2005. we're getting new reaction to the announcement from around the world and across the united states. the united states home to 68 million catholics, about 1/5 of the country, including reaction from one church leader elevated to cardinal by the pope last february. >> my affection and for and ad mir vision -- admiration for pope ben benedict xvi. i love him so much, as the bish shop of roam who appointed me to you all. to the holy father who made me a cardinal. i just always admired him as a scholar, as a priest, as a holy man. i'm in admiration for him is even higher because of his you humility. jenna: mr. anderson just had a private meeting
>> we're back with one last look at vatican city. that is where pope benedict 16 is wrapping up an emotional final address. a short time ago he told pilgrims from all across the globe that to love the church means also to have the courage to make difficult, painful decisions always keeping the good of the church in mind, not one's self-. >> he went on to say while he faced joy he also had difficult moments stkaourg his leadership. and he said he will continue to serve the church through prayer. the pontiff thanked all for respecting his decision to retire. he is the first pope in 600 years to do so. >> i'm deeply grateful for understanding, support and prayers of many of you from those at home and around. the decision i have made in god's will and deep love of church. >> pope benedict xvi asked for special prayers for the cardinals and whomever they choose to be his successor. he will officially enter retirement tomorrow. that will do it for us. "fox & friends" starts right now. >> good morning. it's wednesday. it's february 27, 2013. i'm gretchen carlson. i hope you're going to
that turns out for her. bill: we are learning more about pope benedict's decision to set aside including information about his health that we did not know before today. shepard smith is live at the vatican. we'll talk to him live in a moment. martha: florida senator marco rubio is set to give the republican response to the state of the union tonight and it will be unlike any other response in history we are told, when we come back. martha: uncertainty today for the world's 1.2 billion catholics, just a day after pope benedict dropped a bit of a bombshell that stunned the world announcing his intention to step aside, which is really not done, and he will do that at the end of this month. today we are learning new details about that decision, about his health and about the role that he will play in the future of the catholic church, and that is how we start with that beautiful vatican city background this morning. i'm martha maccallum, welcome. bill: i'm bill hemmer. morning martha, the vatican saying pope benedict will be hands-off in the selection of the next holy father, they made that
where 10s of thens went to see pope benedict xvi. he shocked the world by becoming the first pope in six centuries resigned. the pontiff asked them to pray for him and the next point all of this as cardinals are arriving in rome. there is it a commuter generated images of what happen conclave. they will elect one of the group to elect a leader by secret ballot. the archbishop said all talk of potential candidates end. >> when we go into the conclave all of that stops. it is silence inside of the conclave and the really focus is on the power of the holy spirit. i am looking to this as sort of a very, very super retreat. you just start to pray, and the only indication of how things are going is when they count the votes . >> with more on the ancient and unique process of picking the next leader of the roman catholic church, fox corsphondant loren green joins us from new york. >> very good. shannon. >> this is it a fascinating process. >> cardinal said something important. they will pray for what the church needs and one. things i heard from the catholic hierarchy. what the church needs is
senator daniel inoway. >>> this is new video showing pope benedict tickets and the tens of thousands who gathered this morning at st. peter's square to hear pope benedict conduct sunday morning mass. it's one of the last before he steps down. the vatican said the meeting of senior church officials to select a new pope, a process known as the conclave, may again -- begin sooner than expected. church rules says a concave must begin 15 to 20 days after the seat becomes vacant after a period of mourning, but this time there's no need to mourn because pope benedict is alive. he decided to resign. speeding up the process could potentially give the church a new pope for holy week, the week before easter. >>> the family of olympic runner oscar pistorius said he's overcome with grief after fatally shooting his girlfriend. the man, known as the blade runner is charged with the premeditated murder of her. that was en valentine's day. a reality show aired last night in south africa. the family talked to the media. >> disgust. as you can imagine, he's also numb with shock and grief, in total pain. >>
the crowd to pray for the next pope who will be selected a few weeks after pope benedict steps down. >>> wikileaks founder is trying an unusual method of avoiding prosecution. he's running for office. he believes that if he wins, the u.s. would drop its espionage investigation against him. he is accused of sex crimes in sweden. he's currently in london england where he was granted asylum. >>> a man charged with slapping a toddler on an airplane is out of a job this morning. >> he was let go, agc aerospace has announced that joe huntley is no longer employed. the idaho man is charged with slapping a 2-year-old toddler and calling him a racial slur during a recent delta flight. >> i could not believe that he would say something like that, and to a baby, or about a baby, and then to hit him was just, i felt like i was in another world. i was shaking. >> this former employer called the allegations "offensive and disturbing ." his lawyer says he will plead not guilty to the assault charges. >>> it's koby versus lebron, the east takes on the west in t
pope benedict xvi will address crowds from that famous window overlooking st. peter's square. over 100,000 people turned out to hear pope benedict ask for prayers for the next pope. ben wedeman is covering the story from rome. >> reporter: a much larger crowd crammed into st. peters square to hear pope benedict give his penultimate angeles prayer. he asked for them to pray for him and the next pope. the pope is now going into a week-long lenten retreat. this is an annual tradition, and part of the lenten season. when he re-emerges, he will convene the last angelis prayer and then step down as the pontiff. it's not clear at this point when the meeting of the conclave, the meeting of 117 cardinals assembled to vote for the next pope will meet. however, a senior vatican spokesman on saturday said that, it could happen earlier than planned, before the 15th of march. i'm ben wedeman, cnn, reporting from rome. >> all right. thank you, ben. >>> a cold day to talk about global warming. thousands braved frigid temperatures on the national mall to demand action on climate change. [heart beating]
danica patrick do something that truly is a first. and pope benedict xvi takes one of his last opportunities to connect with the masses. and what a welcome he gets. >> st. peters square, erupting in cheers, and their spiritual leaders during one of the most cherished traditions of the catholic church. pope benedict xvi's message to the faithful following his historic time to resign. after accusations this man got physical on board a plane because a child was crying. >> i pushed him away and that's when he-- >> and how this man is claiming the child is suffering as a result. >> and they are called the bravest for a reason. >> what we're now learning about the firefighters that battled this inferno. i'm harris falkner, we begin tonight with an emotional day in rome. pope benedict xvi making his first public appearance since shocking catholics around the world with his decision to retire at the end of the month. the pope speak to go a crowd estimated at 100,000 people in st. peter's square. and the pontiff's voice strong, blessing worshippers in the square and beyond and thanking
.s. is determined not to leave syrian rebels "dangling in the wind." >>> when pope benedict steps down thursday he'll take on a new title, benedict will be caused emeritus pope and will continue to wear white. 115 cardinals are expected to vote for his successor, but britain's highest ranking catholic leader will not be taking part. in one of his final acts the pope changed the rules of their meeting, allen pizzey is in vatican city. allen, good morning. >> reporter: good morning, charlie. how soon will the conclave begin? by both law and tradition the cardinals can't talk openly about it until one day after ben fikt officially leaves office. the cardinals want to get on with the job of choosing a new pope as soon as possible. major issue plaguing them will be the sex abuse scandals but they must be dealt with in the view of u.s. cardinal james staff ford stafford who is too old to vote in the conclave. >> if it means to be despised which in many ways it does mean when they accept that. >> reporter: you also have to overcome that to get people back into the church rebuild i
.ktvu.com and on our facebook page. >>> this is pope benedict xvi's last day as pope. >> he pledged reference and -- rev reference and obedience and he told them they are the princes of the church. and they are honoring special services. san francisco plans a thanksgiving mass and there will be plans for a long retirement and basilica and san jose are planning a special mass tonight. >>> he is a very senior person at the white house who threatened him saying he would regret blaming president barack obama for the quest tracing -- quest tracing. -- sequestering over the spending cuts. that generated an e-mail from the white house. >> it makes me very uncomfortable to have the white house telling reporters you are going to regret doing something you believe in. >> white house issued a statement saying no threat was intended in that e-mail. it was suggested that he would regret his statement about the sequester because it was not accurate. >>> across the board federal spending cuts are due to kick in and the senate is rivalling to replace the cuts. the likely result of the senate vote and what pr
have your fox news minute. president obama has extended his prayers and appreciation for pope benedict. he is citing his age and failing strength as his reason for resignation. pope benedict will step down after eight years as pope. a suspected gunman and two women are dead after shots were fired this morning inside the lobby of a delaware court house. our local affiliate is reporting that the gunman was at the courthouse for a child support hearing. his estranged wife was one of the people that were killed. cleanup is underway this morning in mississippi after an overnight tornado. at least three overnight tornadoes tore through that city. they had at least 100 homes and buildings. no fatalities have been reported. more than one thousand people are now injured. those are your headlines. that to lori and alyssa. lori: thank you, heather. melissa: graduation in february. liz claman is live with rob portman. liz: that is senator rob portman family business. you know all about small businesses and certainly the challenges. goldman sachs saying we are stepping up this business. >> it is gr
between 15 and 20 days after pope benedict steps down at the end of the month. the vote could be held earlier than planned. joining me now from rome, nbc news vapt cannon list george weigel. it is very good to see you. as we get to the process of selecting the new pope, how soon can that begin and do you hear these reports as well that it may go earlier than expected? >> i do. i prankly think that's a very wise idea. the 15 to 20-day provision in the current constitution that govern it is election of a pope, was created to allow time for a i did any tied funeral mass, a period of mourning for the deceased pope, and a set of meetings among the cardinals and then the enclosure of the conclave. of course, there is no funeral this time. so when the seat becomes vacant at 8:00 p.m. rome time february 28, i would imagine, indeed i would hope, that about a week would pass before the conclave would be enclosed and the voting process would begin. this is simply a matter of amending the apostolic constitution which is the pope can do or he can assign the authority to the dean of the college of
for millions of catholics around the world. as pope benedict delivers his second to last blessing before stepping >> hello everybody thanks for joining us this sunday morning. i'm marty gonzalez. i'm ysabel duron. we'll get to the top stories in a moment, but first, let's get right to your forecast with janu arasu. good morning. you can see plenty of sunshine here but we are looking at some areas of low clouds and fog. sunny skies into the afternoon but temperatures will be cooler than yesterday. we will not see any los seven is on the board mainly '60s. taking a look at where tempers are sitting right now about 37 degrees in santa rosa 36 in napa low fifties already in the oakland and mid-40s in redwood city. mid-60's in oakland expected today and into the north bay and '60s there as well. upper 60s expected in napa and a little bit chillier in san francisco getting up to only 62 degrees. the full forecasters coming up including showers. >> oakland police are searching for suspects this morning following a deadly shooting saturday. the shooting happened just before 5 p-m on 8th street n
. >>> pope benedict's decision to step down came as a surprise to many people. but it wasn't the only thing the pontiff kept under wraps. the pope injured himself during a visit to mexico last year. think also say he has a pace maker. and three months ago, he underwent an option to replace the battery. and a monastery on the vatican has been remodeled. >>> there's new hope for thousands of americans with a specific form of vision loss. the fda has approved the first-ever artificial eye fitted on a pair of glasses. the bionic eye, is approved for people with retinitis pigme pigmentosa. allows to see safely to navigate a room and perform other tasks. >>> it's not mom and dad's medicine cabinet anymore. teens are scoring prescription drugs like vicodin and xanax the old-fashioned way. pill mills are popping up with alarming frequency and with deadly consequences. >> just a sweet boy. >> reporter: he was just 21. >> it's so hard. >> reporter: when joey rivero visited an orange county doctor and walked out with prescriptions for painkillers. >> nine days later, joey was dead. >> reporter: it was
. >> plus, life after leading the catholic church. a look at what retirement will be like for pope benedict xvi. we'll be right back. >>> if you haven't heard this yet, it's an amazing story. making headlines, a meteor explodes over central russia, injuring hundreds. witnesses report seeing explosions and intense flashes early this morning. russian emergency officials say -- we're getting various reports. now we're being told more than 500 people are being treated for injuries from broken glass from the sonic boom. >>> police in california are confirming the body discovered inside a burned out cabin is that of former l.a.p.d. officer christopher dorner, wanted for the murder of two law enforcement officials and a woman and her fiance. >>> prosecutors will pursue a charge of premeditated murder against oscar pistorius. the disabled runner is seen here arriving at court early this morning where he reportedly wept during the hearing. he is accused of shooting and killing his model girlfriend, reeva steenkamp inside his home yesterday. he has denied the charges. >>> pope benedict xvi is expecte
insides set the tone. stay in the groove with align. >> there's a live look at pope benedict xvi delivering a call to prayer at the vatican. one of his final appearances before he resigns the end of this month. our next guest met the pope when he was cardinal ratzinger, and he predicted that he would succeed pope john paul ii. >> joining us is from the school of law. >> glad to be with you. >> one of my first questions, we think about the catholic church, it's been underfire and i know that you are very concerned about the moral decline of the world in general. so, when you think about the next pope, you've got to have to have somebody who will adapt and adhere to the catholic belief system. >> that's right, and i'm confident that the conclave will pick someone like that, an extremely good successor not just to benedict, but john paul iv. ap they had the history, the back-to-back, and i think there are a lot of cardinals out there who could fill those shoes. >> since you have an accurate track record of predicting the next pope, who is in the running? >> well, i'm not sure that i
gathered this morning at st. peter's square to hear pope benedict conduct sunday morning mass. it's one of the last before he steps down. the vatican said the meeting of senior church officials to select a new pope, a process known as the conclave, may again sooner than expected. it must begin 15 to 20 days after the seat becomes vacant after a period of mourning but this time there's no need to mourn because pope benedict is alive. he has decided to resign. speeding up the process could potentially give the church a new pope for holy week, the week before easter. >>> the family of olympic runner oscar pistorius said he's overcome with grief after shooting his girlfriend. he is charged with the premeditated murder of her. a reality show aired last night in south africa. the family talked to the media. >> as you can imagine, he's also numb with shock and grief, in total pain. >> attorneys for pistorius are expected to argue he fired at his girlfriend because he thought she was an intruder. prosecutors will showed that they argued and she locked himself in a bathroom where she was shot fo
benedict and the tens of thousands who gathered this morning at st. peter's square. it's one of the last before he steps down. the vatican says the meeting of senior church officials to select a new pope, a process known as conclave, may begin sooner than expected. church rules says a conclave must begin 15-20 days after the seat becomes vacant but there is no need to mourn because pope benedict decided to resign. speeding up the process could give the church a new pope in time for holly week the week before easter. >> this morning there are new concerns and new questions in the south bay as the president of the santa clara county's board of supervisors already under fire is accused of even moregreej ousz acts. -- egregious acts. >> supervisor is already accused of misusing a county used credit card. they suggest that he frequented casinos and may have accumulated gambling debts. they filed for bankrupt in 2011 and owed to the irs $195,000. he also failed to report campaign contributions and last month, his fellow supervisors ordered he would pay more than $29,000 in unauthorized charita
in the snow. joy benedict talked to the neighbor who found it. >> seen where he crashed the car and i stopped and then i saw the gun laying in the snow. >> reporter: a startling discovery for the angeles oaks man. he found a walther gun lightning by the road a gun investigators believe was part of christopher dorner's arsenal. >> forensic will respond and photograph it and collect the evidence. >> reporter: he called the san bernardino county sheriff which arrived to take the weapon. this is where dorner crashed the first stolen car tuesday. ramirez was here moments after the crash and was stopped by police. >> as we pulled up, they stopped us and they thought he was in our vehicle because this is just happening. >> reporter: and that's why he came back to see where the 10- day ordeal ended, an ordeal that claimed five lives including dorner's and shook this community. >> my son was sleeping in the hallway and my daughter with the doors open. >> reporter: a mile from the cabin where dorner made his last stand. caution tape and evidence markers only
report in "the washington post" says that most institutions have been hacked. >>> pope benedict xiv is stepping down as a popular pope. according to a new poll, 76% of catholics see hiv pfeifferably. 64% also support his decision to absent kay. >>> new york's cardinals timothy dolan has given a deposition about sex abuse in his former archdiocese. a attorney says he answered question about publicizing names of clergy members accused in cases decades old. he's been floated around as a possible, though long shot successor to pope benedict. >>> plus what has the u.s. and iran on the same side of the fence? we'll talk about that in ten minutes. >>> well, it's a great time to sell your car. used cars are getting top dollars. mandy driery is here with what's moving your money? why are used cars in such demand? >> they've become so scarce s. to the point where dealers have to do things like scour craiglist, even go to the parking lots of local sporting events to try to get vehicles they can buy and resell. why, when there was such a deep plunge in new car sales in 2008 and 2010, so as a re
and we're just getting started here on this monday morning. pope benedict xvi making more changes to the vatican rules. why this is so significant and why he is stepping down. a little more information on that as well. bill: look at the drama in these images here. a dangerous crash over the weekend in daytona. a car flying, a wheel actually flying into the stand, injurying fans, some critically. we have a live update how they're doing. martha: we have a child involved there. we'll tell you the latest. president obama turning to the states for support to put the country back on track. >> i'm looking for good partners because while nobody in this room sees eye-to-eye on everything, we know that when we work together democrats and republicans, north, south, east and west, we can accomplish so much more than we can on our own. and we got onesies. sometimes miracles get messy. so we use tide free. no perfumes or dyes for her delicate skin. brad. not it. not it. just kidding. that's our tide. what's yours? . ... at tyco integrated security, we consider ourselves business optimizers. how
.m. eastern time -- an update on the release -- the health of the pope. global -- pope benedict pope benedict and 16 -- pope benedict xvi hit his head on a trip to mexico, but they say that had nothing to do with his resignation. this adds to questions about the gravity of the pontiff's condition. on tuesday, the vatican said that pope benedict has a pacemaker and that he had his batteries replaced just three months ago. the effective date of his resignation is the 28th of this month. in business news, billionaire warned buffett is buying the ketchup company -- warren buffett is buying the ketchup company heinz. it is a deal valued at $20 billion. the company headquarters will stay in pittsburgh. he says that congress, the white house, and advocates for seniors have all, in his words, really walked away from social security, leaving the program quote fraying because -- program "fraying." policymakers "use it as a tool of political rhetoric." he says benefit talk -- cuts and tax increases are inevitable, and he questions whether congress is up to the task qt finished up his six-year year term
today. a spokesman says the cardinals who will choose a successor to pope benedict xvi could meet sooner than first planned. the vatican says the date could move up with all the cardinals are in rome. 117 cardinals, 67 appointed by pope benedict himself, will choose his replacement after he steps down on february 28th. >>> in california, authorities say it appears cop killer christopher dorner took his own life, making good on his vow he would not be taken alive. autopsy results show dorner died from a single gunshot wound to the head. dental records confirm the body found in the basement of that burned out cabin was dorner's. more on that week-long manhunt and who gets the million-dollar reward. >>> half a world away, authorities are investigating the murder of a top model found dead valentine's day at the home of her boyfriend, oscar pistorius. pistorius sobbed uncontrollably as he was charged with premeditated murder in the death of reeva steenkamp. charges that he denies. pistorius is in jail. family members say he is numb with grief and shock. steenkamp is starring in a reality show
of benedict's papacy, while scandal and intrigue engulf some of the men who will choose the next pope. even in his final days as pope, scandal continues to dog benedict's papacy and the church. italian newspapers headline rumors of blackmail and conspiracy that the vatican vehemently denies. american cardinal roger mahony has ignored calls to stay home from a conclthat chooses the next pope because of his role protecting abusive priests. scottish cardinal keith o'brien, who commented on mahony's situation last week. >> someone has erred and we have anoth another. >> reporter: today cardinal o'brien resigned after being accused by three priests and former priest of inappropriate behavior going back to the 1980s. ugly headlines that one vatican watcher says will shape the deliberations of the conclave. >> some of this is politics, but other parts of it are the long delayed, reckoning with problems that require facing and correcting in the church. >> reporter: the scandals have left many of the faithful weary. >> i'm a true believer and i hope that catholics will get a better name these days.
. >>> speculation on who will replace pope benedict the 16th when he retires next month. on the list, a 63-year-old cardinal from brazil. only cardinals under the age of 80 can vote for the successor, which means 118 are eligible. >>> president obama presenting an army veteran with our nation's highest military award. the medal of honor. he was at a combat outpost in afghanistan in 2009 when 300 taliban fighters launched an ambush. he managed to call air support that caught 30 insurgents and risked his life. >> there have been eight soldiers that didn't make it. for the rest of the team that fought valiantly and magnificently that day. i will forever be humbled by the bravery, the commitment to service and their loyalty to one another. >>gretchen: before the ceremony, romesha's son actually stole the show. the president's podium, he tried to climb on top of it and then dashed to the front row. >>steve: you know dr. ben carson was a keynote speaker at the national prayer breakfast last week. he is an esteemed neurosurgeon at johns hopkins tphe baltimore area. because it was a prayer breakfast, h
you. >>> and pope benedict is suggesting we will never see him again after he resigns two weeks from today. the pope told a group of priests this morning he with will be in his words "hidden to the world." he says he will have no authority once he steps down. the pope will move to a vatican monastery to live a life of prayer. >>> time to show you some of this morning's headlines. "the new york times" says iran is upgrading its main nuclear facility. top iranian nuclear scientist says new centrifuges were installed last month. iran has started new round of talks with the international atomic energy agency. >>> the "wall street journal" says a broad trade deal is on the table, the deal could take two years to complete. >>> "usa today" says there's news on the senate showdown over chuck hagel, thagel, the senate is expected to vote on hagel's nomination to be secretary of defense tomorrow. republicans are threatening to stonewall the nomination and moderate republican susan collins of maine says she will oppose hagel, but not a filibuster. >>> "the washington post"
this was a monday morning stunner. pope benedict announcing he will step down at the end of the month, the first time a pontiff has resigned in over half a millennium. he's 85 and says he's stepping down because of advanced age and deteriorating strength. he was elected by the college of cardinals back in 2005. the vatican says the cardinals will meet and choose a new pope before the easter holiday. they will move quickly with this one. i've got a couple of tech stocks that might move and may move the whole market this morning. first off, according to reports, apple is working on a new chris watch that could be made of glass, if they make this thing and run on the same operating system as the iphone. the wall street journal reports that apple has already discussed plans for this device with the manufacturer in china. next item, does he know something we don't? google's eric schmidt selling 42% of shares in google stretched for the next year, worth about 2.5 billion dollars. maybe that will move google stock. and maybe some good news for microsoft, maybe, the new version of the surface tablet the
. alisyn, tucker? >> thank you, clayton. when pope benedict made his shocking announcement this week that he would be stepping down. first time in almost 600 years that a pope retired from what is always a lifelong position. >> but there are plenty of professionals who also have lifelong careers so if you are one of them. how do you know if you should call it quits? here with the answers is fox business network's nicole petallides. >> or maybe good ideas. i don't know if i have the answers. this is a tricky topic. >> how do you know when it's a good time to retire? >> we have two ideas. the list of yes and when you should retire and when you really should step back. let's start with some ideas. you have a solid nest egg. it takes a lot of money to retire. so they are saying you should have about $363,000 saved up. but typically most people have about 120,000. it costs a lot of money to retire. if you are planning on spending more. you have to live within your means. low withdrawals. those would be some things. also no penalties at 59.5 to take out from your ira at 62. you start with
pope benedict's successor could start before march 15. according to existing rules, the conclave was to start between march 15 and 20, but a vatican spokesman says it could happen earlier because the church is dealing with a resignation instead of a sudden papal death. >>> ten months after two people were shot to death at a coast guard station on alaska's kodiak island, authorities say they made an arrest. james michael wells was a civilian co-worker of the victims. so far no word on his alleged motive. >>> with his wife and daughters on a ski trip, president obama is getting away for a boys' weekend. he and buddies took off for florida yesterday where they'll be hitting the links at an exclusive resort. and those are the top stories right now. back to you. >> wouldn't you like to be a caddy for that match? >> i would, i would. as long as -- yeah. i would. >> i'll talk to you about that after. thank you. ahead of talks with the west later this month, iran's supreme leader is saying that nothing can stop his country from building a nuclear weapon. but he adds that is not what iran
a papel vacancy, but that is intended for when a pope dies as opposed to this time when pope benedict has voluntarily stepped down, effective february 28th. >>> you may have seen them around the bay area taking crowds by surprise. meet the man who teaches beginners to dance like pros. >>> a fashion icon turning heads with her new accessory. who may be the new face of wearable tech. we're going to check in with our expert from cnet.com next. what's that? when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. people suddenly break into a >>> you may be familiar with so-called flash mobs, large groups of people suddenly breaking into a synchronized dance on the street. chances are this week's jefferson award winner is at the head of the pack if you've seen one recently in the bay area. kpix5 reporter sharon chance went to
. bill: this word from the vatican today. the retiring pope benedict xvi signing off on one of the last major appointments of his papacy. he approved a german lawyer to head the troubled vatican bank. that appointment ends a nine-month search after the previous bank chief was ousted for incompetence. pope benedict steps down on the 28th of february, triggering a new conclave in mid-march with the selection of a new pope happening sometime we do believe in mid to late march, beef easter. heather: that should be exciting to watch. let's talk about another story that's getting a lot of attention now. an emotional court appearance in south africa just hours ago as prosecutors say they will pursue premeditated murder charges against olympian oscar pistorius. the disabled athlete known, as "the blade runner". led into court. you can see him right there, was covered with a jacket. he openly went once he was inside that courtroom, as he was formally charged with shooting his girlfriend to death. a short time ago his agent released a statement that pistorius disputes the charge. earlier we also
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